SCOPA says the RAF 1 form may have kept claims out of the system, leaving the Fund exposed to a wave of unrecognised liabilities if it is set aside.
FinaMetrica decided to standardise the single-user annual fee for all new and existing FinaMetrica subscribers in South Africa from R3500 to R3850 with effect from 1 March 2015. The South African subscription price is well […]
On 23 January, our article: Improving Internal Complaint Mechanisms discussed the proposed measures, contained under the draft Market Conduct Framework, to align your internal complaints management framework with the TCF outcomes. The same […]
Nigeria’s Council of State said on Thursday, February 5 that it is satisfied with preparations for the country’s presidential election on February 14, and the poll will not be postponed. The Council, a […]
We would all like to believe that, since the introduction of the FAIS Act in 2004, things have changed for the better, and that clients are less exposed to advice which has only […]
We receive regular enquiries about people wanting to qualify to become “Finance and Insurance” (F & I) consultants in the motor industry. In order to become an F & I, one needs the […]
Under the heading, “Risks to fair customer outcomes”, the RDR white paper discusses the problems resulting from the varying levels of customer sophistication. The inherent asymmetry of information and bargaining power between ordinary […]
Hilton Tarrant pleaded in an article on MoneyWeb for Eskom to apply load-shedding on a daily basis until May in order to do the urgently required maintenance to prevent unexpected down times. I […]
Your article on remuneration for different services made a lot of sense to me, and certainly deserves further discussion. As the IFA gets squeezed from all sides [extra work, less income & increased […]
The figures published in the Retail Distribution Review discussion document provide a very clear picture of the current make-up of the industry in terms of market segmentation of advisors. In the past it […]
The security trend in Libya remains negative since the General National Congress (GNC), which is based in Tripoli and contests power with the Tobruk-based House of Representatives, announced on January 21, that it […]
Please note that no examinations will be scheduled for the period 16-03-2015 up to 10-04-2015 at Pretoria Brooklyn Bank Forum Examination Centre. We are upgrading the facility to provide a wider range of […]
I found a short article published in the Australian “ifa” online newsletter very interesting. The JBS Financial Strategists boss and 2013 AFA Adviser of the Year (Jenny Brown) told ifa that she originally […]
The Registrar of Financial Services Providers (the Registrar) referred a case against Talksure Trading (Pty) Limited (the Respondent) to the Enforcement Committee of the Financial Services Board. The referral relates to a contravention […]
While there is clarity on the existing remuneration system, which is essentially commission driven, proposals under the Retail Distribution Review aim to differentiate between various kinds of services, and establish fair remuneration for […]
Bobby Londt The Proteas finished off in fine style last night by decimating the West Indies in a display of brute force with the bat, along with a well-executed plan on the field […]
The dreaded DOFA (Date of First Appointment) deadline is looming for all those people appointed between 30 June and 31 December 2012, and who have not yet successfully completed their Level 1 Regulatory examinations. You have until […]
